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Fiscal year accounting period

Term · Law · MLC-T-LAW-002141

A 12-month period used by organizations for financial reporting and tax purposes, which does not necessarily align with the calendar year. Businesses and governments choose a fiscal year that best suits their operational cycle, often ending after their busiest season. For example, many retailers use a fiscal year ending in January.

Table 1. Record
IdentifierMLC-T-LAW-002141
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002141",
  "term": "Fiscal year accounting period",
  "field": "Law",
  "definition": "A 12-month period used by organizations for financial reporting and tax purposes, which does not necessarily align with the calendar year. Businesses and governments choose a fiscal year that best suits their operational cycle, often ending after their busiest season. For example, many retailers use a fiscal year ending in January.",
  "url": "https://mlchart.com/terminology/law/fiscal-year-accounting-period/"
}

Record 2,050 of 5,445 in Law terminology (MLC-0107). Request the full dataset.